Worldwide air cargo demand ticked up 2.9 percent in February, leading to an overall demand growth of 3.6 percent, year over year, so far in 2013, according to the International Air Transport Association. “Cargo has had a positive start to the year. There is good cause for measured optimism for the cargo industry’s […]
Lufthansa is facing “one of the biggest walkouts” in history starting Wednesday, it said, forcing the carrier to cancel a reported 3,800 flights. According to Vereingung Cockpit, employees will hold a demonstration and rally Wednesday.
The FMCSA has ordered Texas-based FTW Transport to shut down operations, declaring the trucking company an imminent hazard. Officials said they have shut down 75 bus and trucking companies so far this year.
The Federal Motor Carrier Safety Administration has ordered Texas-based REDCO Transport to cease operation of its fleet of 112 trucks due to safety violations, alleged alcohol use by drivers, and its non-compliance with hours of service regulations. The agency’s decision stems from a fatal Aug. 12 incident in Louisiana when a REDCO truck […]
American Airlines Cargo and US Airways Cargo have linked operations at Phoenix Sky Harbor International Airport, moving into one facility while still separate carriers, allowing customers to tender air waybills for both in one place.
XPO Logistics has closed its $335 million acquisition of Pacer, completing a deal that was announced in January. Daniel Avramovich, Pacer’s former chief executive officer, has taken over as XPO’s senior vice president of strategic development. The firm partly financed the purchase with money from its $414 million public offering. “Our […]
Evergreen Line will join with members of the CKYH alliance — COSCO, “K” Line, Yang Ming and Hanjin — in operating container services to the United States East Coast. It’s the latest mega-alliance among container carriers planning to start service to the United States. A vote last month by the Federal Maritime Commission […]
Rep. David Camp, chairman of the House Ways and Means Committee, said Monday he will not seek re-election in November, leaving uncertainty over his recent proposal for comprehensive tax reform.
U.S. Customs and Border Protection said Monday it has authority under its fiscal year 2014 appropriation to hire an additional 2,000 officers to process cargo and travelers at land, air and sea ports of entry. The additional staff will help reduce wait times. CBP can hire 700 officers in the current fiscal year […]
The logistics and compliance solutions provider Descartes Systems Group said Tuesday it has acquired Computer Management USA, a U.S.-based provider of security filing and air cargo management solutions for airlines and their partners. Computer Management’s solutions help air carriers with operational efficiency, security filing and customs clearance processes, directly and through coordination with […]
Morton Salt has renewed its terminal operating lease at Port Canaveral for 10 years and plans to build a new distribution facility there, the port authority said last month. The current agreement expires this year. The new agreement is estimated to generate $13 million in revenue for the port and allows the Chicago-based […]
U.S. steel imports increased in February compared to January by 1.4 percent, according to preliminary government data analyzed by the American Institute for International Steel. “Improved pricing at the end of 2013 and improved demand compared to the weak start to 2013 have created opportunities for importers, and imports have been arriving at […]
After spending nearly four years as the global head of cargo at the International Air Transport Association, Des Vertannes has announced he will retire at the end of June. Before accepting the high-level IATA role, Vertannes worked as the executive vice president for cargo at Etihad Airlines. He started his career in air […]
Exporters and importers should be developing options to prepare for a possible disruption at West Coast ports this year, said Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC).
Last week, Greg Johnsen of GT Nexus took part in an EBN live chat about the role networks play in modern supply chains and made a point about the nomenclature that companies use for the systems that bind their enterprises.
Standards and a variety of other trade barriers in the European Union disproportionately affect the exports of U.S. small and medium-sized enterprises more than those of large firms, according to a new report by the USITC.
David Samson, the chairman of the Port Authority of New York and New Jersey, has resigned, effective immediately, said New Jersey Governor Chris Christie on Friday afternoon.
Containers are moving again at a more-normal volume after federal, provincial and port officials agreed four days ago to improve compensation for delivery drivers to end a six-week strike at Port Metro Vancouver.
CMA CGM, the third-largest container carrier in the world, said it had a net consolidated profit of $408 million in 2013, 22.8 percent more than the $332 million it earned in 2012. The company’s bottom line was boosted by about $200 million due to one-time events, including the sale of a 49-percent share […]
The liner carrier ZIM said last week it suffered an operating loss of $191 million net loss in 2013, an improvement on the $206 million it lost in 2012. Excluding extraordinary expenses, the annual operational loss was $130 million, with ZIM attributing the improvement to the implementation of technological innovations, which resulted in […]
